Tiger on British spending spree

A HALF-A-BILLION euro spending spree on two British property portfolio purchases has put a bullish Irish company into the business headlines.

Tiger Developments has just concluded two major investment acquisitions across the Irish Sea, picking up 32 properties for €485 million with a €34 million a year rent roll.

Headed up by Goodbody Stockbrokers and Cork developers O'Flynn Construction, Tiger's strong buys come days after the news that another Irish "big cat," Jaguar Capital, has successfully concluded the purchase of the €200 million Thames Court office block in London.